Mortgage and Financial News From 2008-2-15 Page 51

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  • Bernanke Signals More Rate Cuts Amid Continued Downside Risks

    Wall Street Journal - ... rate subprime mortgages for borrowers unable to afford the higher rates at which ... were 60 or more days overdue in payments, more than 470,000 got help from mortgage ... rating firms to provide more details on past ratings, making it easier to compare ...
    2008-02-13 03:56:00

  • Housing market slower in state, stable in county

    Bellingham Herald - ... income had 86.4 percent of the income needed to qualify for a 30-year mortgage on a ... County’s index rose because of rising incomes and dropping interest rates ... Weather plays a big factor at the beginning of the year, so it’s hard to compare
    2008-02-14 11:54:00

  • Bonus-rich bankers to reignite UK housing market

    Times Online - Now sellers are being more sensible and sales rates are going up ... Christmas month however lets put things into perspective and compare the figures to January 2007. Prices are falling, interest is down compared to last year together with mortgage ...
    2008-02-15 04:12:00

  • HIGHLIGHTS 2-Fukui's comments at news conference

    Forbes - ... financial markets remain shaky as the turmoil triggered by the subprime mortgage ... after the bank's policy meeting at which it decided to keep interest rates on ... It is difficult to compare the actual state of the economy and interest rate levels ...
    2008-02-15 02:17:00

  • Freezer burn - Guardian Unlimited

    Freezer burnGuardian Unlimited, UK - 14 hours agoThis approach is the centrepiece of Clinton's plan: a five-year (at minimum) freeze on existing mortgage interest rates. At first glance, the plan may seem ...
    2008-02-14 02:18:07

  • Housing market slower in state, stable in county - Bellingham Herald

    Housing market slower in state, stable in countyBellingham Herald, WA - 4 hours ago*This means a family with the average median income had 86.4 percent of the income needed to qualify for a 30-year mortgage on a median-priced home with a ...
    2008-02-15 12:04:43

  • Over half of repossession orders from sub-prime market - Loans4

    Over half of repossession orders from sub-prime marketLoans4, UK - 2 hours agoHe added that trying to compare sub-prime lenders with traditional High Street lenders was like trying to compare 'apples and pears'.
    2008-02-15 02:34:37

  • Housing market slower in state, stable in county (The Bellingham Herald)

    A Washington State University study appears to confirm earlier reports about what’s happening in the real estate market: Home sales and prices have dropped significantly throughout the state, but Whatcom County’s market has stabilized for now.
    2008-02-15 12:15:40

  • Obama, Clinton take populist turns (The Washington Examiner)

    Taking aim at primaries in Texas, Ohio and Wisconsin, and hoping to win the endorsement of John Edwards, Hillary Clinton and Barack Obama have adopted a populist line in their campaign speeches.
    2008-02-15 01:43:52

  • HIGHLIGHTS 2-Fukui's comments at news conference (Reuters via Yahoo! Malaysia News)

    TOKYO, Feb 15 - Bank of Japan Governor Toshihiko Fukui said signs of a U.S. economic slowdown had become stronger and he expects adjustments in global economies to take time.
    2008-02-15 02:10:34

  • Bonus-rich bankers to reignite UK housing market (Times Online)

    Signs of life are re-emerging in the property market as it prepares to enter the spring buying season, as agents herald the return of bargain-hunting first-time buyers and City professionals with bonus cash to spend.
    2008-02-15 04:13:14

  • Stimulus plan may lift Hawaii home sales

    Honolulu Advertiser - Financing this $850,000 home for sale in Mililani Mauka would become a bit easier under a new change in conventional loan financing. The monthly mortgage payment could be about $300 less — $3,755 vs. $4,077 — with a 20 percent down payment, 30 ...
    2008-02-15 02:46:00

  • Q&A on housing questions

    San Francisco Gate - It's a good time to buy, he said, if you plan to live in a home for five or more years; the payments for mortgage, taxes and insurance are 40 percent (or less) of your gross household income; and you can put down 20 percent. What would it take for ...
    2008-02-15 01:56:00

  • MBIA, Ambac Rescue May Be Set Before Ratings Are Cut (Update1)

    Bloomberg - Regulators are trying to help the companies raise $15 billion of capital to avert downgrades and may consider splitting their municipal bond and subprime-mortgage debt businesses, Dinallo said yesterday in an interview on Bloomberg Television ...
    2008-02-15 02:46:00

  • Natixis Drops After Subprime Writedowns Cut Profit (Update1)

    Bloomberg - Rising U.S. subprime-mortgage defaults have led to more than $145 billion in writedowns and loan losses at the financial companies globally. Natixis was down 1.33 euros, or 12 percent, to 9.69 euros by 11:00 a.m., bringing declines for ...
    2008-02-15 02:46:00

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